ABOUT US

Marico Innovation Foundation (MIF) is a socio economic initiative founded by Harsh Mariwala. It is a not- for- profit organization in India executing the Corporate Social Responsibility for the parent company Marico Limited. The organization aims to nurture innovation across the business and social sectors alike.

INSPIRE. IMPACT. INVOLVE.

These words truly encapsulate the very ethos that makes MIF what it is.

INSPIRE

Showcase innovations in order to propel their impact and awaken a new generation of innovators

IMPACT

Induce sustainable impact as the outcome of deep rooted interventions across domains

INVOLVE

Create a hub of free flowing ideas on innovation for India to engage with, both online and offline

CORE PROGRAMS TO NURTURE INNOVATIONS IN INDIA

MIF AWARDS

A platform to recognize innovations across the business, start-up and social categories and inspire a new generation of innovators

MIF SCALE-UP

A sector agnostic program designed to identify key business challenges and provide implementable solutions for sustainable growth of member organizations

MIF INVOLVE

“Our (MIF) vision encompasses the innovation ecosystem in India. MIF believes that Innovation can spur creation and sustenance of successful and enduring Indian brands. That will enable India to reposition itself as a global economic superpower.”

Harsh Mariwala, Founder, Marico Innovation Foundation

GOVERNING COUNCIL MEMBERS

Our Governing Council is the pool of eminent industry experts who have come together as our advisory body. The Council guides us towards achieving our vision for the innovation space.

Dr. Mashelkar

Honorary Chairman of the Governing Council

Is presently also the President of Global Research Alliance. Honored with Padmashri, Padmabhushan and Padma Vibhushan, he has also been bestowed with doctorates by 38 universities including Universities of London, Salford, Pretoria, Wisconsin, Monash and Delhi. He has served as the Director General

Honorary Chairman of the Governing Council

Amit Chandra

Managing Director Bain Capital Advisors India Pvt. Ltd.

Mr. Chandra joined Bain Capital as a Managing Director in early 2008, and is a part of the firm’s leadership team in Asia. He received his undergraduate degree in Electrical Engineering from VJTI, Bombay University, post which he worked at India's leading engineering & construction firm, L

Managing Director Bain Capital Advisors India Pvt. Ltd.

Anu Aga

Ex Chairperson Thermax Ltd.

Currently is Director on the Board of Thermax Limited. As Chairperson of Thermax she was instrumental in driving a high performance culture at Thermax. After her retirement in 2004, she has been focusing on social causes and is closely associated with the Thermax Foundation. Her area of interest is

Ex Chairperson Thermax Ltd.

Ashwin Dani

Vice Chairman

Mr. Ashwin Dani is currently the non-executive Vice Chairman of Asian Paints. He started his career in 1967, as a Development Chemist with Inmont Corp. (now BASF), USA. He joined Asian Paints in 1968 as a Senior Executive and retired as Executive Vice Chairman & Managing Director. Mr. Dani has be

Vice Chairman

Dorab Sopariwala

Consultant

He is currently Editorial Adviser with NDTV and senior consultant with Edelman India. He began his career in market research in London with the Metra Consulting Group Ltd. On returning to India in 1972, he joined Indian Market Research Bureau, where he rose to be the Deputy Chief Executive. In 1983,

Consultant

Harsh Mariwala

Chairman

"Over the past three decades, Mr. Mariwala has transformed his traditional commodity driven business into Marico Limited, a leading consumer products company and he leads as Chairman. He established Marico Innovation Foundation, the CSR arm of Marico Limited in 2003 to fuel innovation in India. He

Chairman

K V Mariwala

Director, Eternis Fine Chemicals, Pvt. Ltd.

He is non-executive Director at Eternis Fine Chemicals Ltd and Scientific Precision Pvt Ltd and is also spending time in philanthropic activities and tackling energy related problems. He established Chemicals and Oleoresins division in erstwhile Bombay Oil Industries, (the precursor of Marico Ltd) i

Director, Eternis Fine Chemicals, Pvt. Ltd.

Naushad Forbes

Co-Chairman, Forbes Marshall Pvt. Ltd.

Dr. Naushad Darius Forbes serves as Visiting Faculty at The Industrial Management School, Stanford University. He also serves as the Co- Chairman of Forbes Marshall, Chair of the Steam Engineering Companies within the group. He has been a Director of Bajaj Finance Limited since September 20, 2017. H

Co-Chairman, Forbes Marshall Pvt. Ltd.

R Gopalakrishnan

Author and Corporate Advisor

A professional manager since 1967, Gopal has served as Chairman of Unilever Arabia, as MD of Brooke Bond Lipton and Vice Chairman of Hindustan Lever, as ED of Tata Sons and several Tata companies. He also serves as an independent director of listed companies, Akzo Nobel India, Castrol India, and Hem

Author and Corporate Advisor

Rajeev Bakshi

Non-Executive & Independent Director

Rajeev Bakshi was Managing Director of METRO Cash & Carry India. Currently Rajeev is engaged in Strategy and Marketing Advisory with a few Companies apart from serving on 3 Boards. In his career spanning close to 35 years, Rajeev has held senior leadership positions in companies like ICICI Ventures,

Non-Executive & Independent Director

Ramji Raghavan

Founder and Chairman, Agastya International Foundation

Ramji is also a member of the Central Advisory Board of Education, Government of India and has served as a board member of Vigyan Prasar and as a member of the Working Group on Attracting Children to Science and Math of the Prime Minister’s National Knowledge Commission. Ramji started his career a

Founder and Chairman, Agastya International Foundation

Ravi Venkatesan

Chairman, Bank of Baroda

He has recently been appointed as UNICEF’s Special Representative for Young People. Also Founder of Social Venture Partners, partner at Unitus Seed Fund and serves on the board of Rockefeller Foundation and Infosys Ltd. Prior to this, he was Chairman of Microsoft India between 2004 and 2011. Ravi

Professor and Canada Research Chair at University of British Columbia, Canada

Canada Research Chair Professorship at the university of British Columbia, Vancouver, Canada. Prior to this, she was with the Tata Institute of Fundamental Research, Bombay. She is a recipient of the Shati Swarup Bhatnagar Prize and the ICTP Ramanujan Medal. She was a member of the National Knowled

Professor and Canada Research Chair at University of British Columbia, Canada

BOARD OF DIRECTORS

The MIF Board of Directors comprises of three Directors nominated by Marico Limited, the holding company of MIF.

Over the past three decades, Mr. Mariwala has transformed his traditional commodity driven business into Marico Limited, a leading consumer products company and he leads as Chairman. He established Marico Innovation Foundation, the CSR arm of Marico Limited in 2003 to fuel innovation in India. He is also Chairman & Managing Director of Kaya Limited, a chain of skin care clinics. In 2012, Mr. Mariwala started ASCENT, a not-for-profit peer-to- peer platform for high potential growth-stage entrepreneurs.

Harsh Mariwala

Founder,
Marico Innovation Foundation & Chairman, Marico Limited

A second generation family business entrepreneur, Rishabh Mariwala is a graduate from Zarb School of Business, Hofstra University, New York, USA. Upon his return, he spent three years from 2008 – 2011 in developing business at Kaya Skin Clinics. In 2010 he worked on Soap Opera N More- an evolving bath and body brand. Parallely, Rishabh also took charge of the Family Office that is engaged in investments, private equity, and startups. In 2016 he launched PureSense- a luxury range of skincare products.

Rishabh Mariwala

Non-Executive Director

Saugata joined Marico Limited in January 2004 as Head of Marketing and was elevated to CEO of the Company's India business in 2007. Prior to joining Marico, Saugata was Chief of Marketing and Group Sales at ICICI Prudential. Saugata started his career with Cadbury's where he spent 9 years in various roles in Sales and Marketing in India and the United Kingdom. Saugata has 20 years of experience primarily in FMCG sector. He has an engineering degree from IIT Kharagpur and is an alumnus of IIM Bangalore.